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ESTC Stock Chart & Stats
$79.25
$2.56(4.36%)
At close: 4:00 PM EDT
$79.25
$2.56(4.36%)
Day’s Range― - ―
52-Week Range$42.05 - $108.00
Previous CloseN/A
Volume1.40M
Average Volume (3M)1.77M
Market Cap
$10.39B
Enterprise Value$6.02K
Total Cash (Recent Filing)$1.46B
Total Debt (Recent Filing)$24.58M
Price to Earnings (P/E)27.6
Beta1.59
Next Earnings
Dec 02, 2026EPS Estimate
0.81Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.61
Shares Outstanding103,951,630
10 Day Avg. Volume1,615,699
30 Day Avg. Volume1,768,687
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)3.83
Price to Sales (P/S)2.81
P/FCF Ratio15.20
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$108.33Price Target Upside36.70% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering25
EPS Forecast (FY)3.24
Revenue Forecast (FY)$2.00B
Bulls Say, Bears Say
Bulls Say
Recurring Subscription Growth And Backlog StrengthRecurring subscriptions and expanding contracted backlog provide revenue visibility. Strong CRPO and RPO growth supports future renewals and expansion, reducing reliance on one-time services and reinforcing Elastic’s durable enterprise software model.
AI Adoption And Product InnovationRising AI usage and continued platform innovation strengthen Elastic’s relevance as enterprise workloads become more data-intensive. Higher expansion propensity among AI customers may support cross-selling across search, observability and security.
Improving Cash Generation And Balance SheetMaterial operating and free cash flow generation improves financial flexibility and supports investment in growth. Lower leverage reduces balance-sheet risk, while close cash-flow and earnings alignment indicates improving earnings quality.
Bears Say
Growth Is Decelerating And Expansion Has SoftenedModerating growth and a lower net expansion rate indicate that existing customers are expanding at a slower pace. Although management expects improvement, sustained deceleration could limit subscription compounding and pressure future operating leverage.
Operating Profitability Remains MixedPositive EBITDA and net income have not yet translated into consistently positive operating income. This suggests the underlying cost structure still needs refinement, leaving durability of reported profitability dependent on continued expense discipline.
Restructuring And Execution RiskThe workforce realignment and product leadership change may improve strategic focus, but they create execution and transition risk. Disruption, integration demands and restructuring costs could temporarily slow innovation or customer-facing delivery.
Elastic News
ESTC FAQ
What was Elastic’s price range in the past 12 months?
Elastic lowest stock price was $42.05 and its highest was $108.00 in the past 12 months.
What is Elastic’s market cap?
Elastic’s market cap is $10.39B.
When is Elastic’s upcoming earnings report date?
Elastic’s upcoming earnings report date is Dec 02, 2026 which is in 94 days.
How were Elastic’s earnings last quarter?
Elastic released its earnings results on Aug 27, 2026. The company reported $0.7 earnings per share for the quarter, beating the consensus estimate of $0.584 by $0.116.
Is Elastic overvalued?
According to Wall Street analysts Elastic’s price is currently Undervalued.
Does Elastic pay dividends?
Elastic does not currently pay dividends.
What is Elastic’s EPS estimate?
Elastic’s EPS estimate is 0.81.
How many shares outstanding does Elastic have?
Elastic has 103,951,630 shares outstanding.
What happened to Elastic’s price movement after its last earnings report?
Elastic reported an EPS of $0.7 in its last earnings report, beating expectations of $0.584. Following the earnings report the stock price went up 19.31%.
Which hedge fund is a major shareholder of Elastic?
Currently, no hedge funds are holding shares in ESTC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Elastic Stock Smart Score
Outperform
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Analyst Consensus
Moderate Buy
Average Price Target:
$108.33 (36.70% Upside)
$108.33 (36.70% Upside)
Blogger Sentiment
Bullish
ESTC Sentiment 64%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 166.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.6%
Last 30 Days ▼ 0.4%
Last 30 Days ▼ 0.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-33.85%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
21.59%
Trailing 12-Months
Company Description
Elastic
Elastic N.V., a company specializing in search technologies, furnishes advanced solutions engineered to operate across public, private, and multi-cloud environments. Its flagship offering is the Elastic Stack, a comprehensive software suite designed to acquire, store, search, analyze, and visually present data from a multitude of sources and formats. The Elastic Stack incorporates several core components: Elasticsearch: A powerful, distributed engine for real-time search and analytics, which also functions as a flexible data store for various types of information, including text, numerical values, geospatial coordinates, and both structured and unstructured datasets. Kibana: Serving as the intuitive user interface, management console, and configuration hub for the entire Elastic Stack. Beats: Lightweight, single-purpose data shippers designed to forward data from edge devices to either Elasticsearch or Logstash. Elastic Agent: Provides integrated host security and centralized management capabilities. Logstash: An adaptable data processing pipeline created for ingesting data into Elasticsearch or other compatible storage systems. Furthermore, Elastic delivers specialized software solutions leveraging the Elastic Stack to address specific use cases such, application search, internal workplace search, comprehensive logging, performance metrics collection, application performance management (APM), and proactive synthetic monitoring. The company's broader platform solutions introduce additional functionalities, enabling users to maximize the combined benefits of the Elastic Stack. Established in 2012, Elastic N.V. is headquartered in Mountain View, California.
ESTC Company Deck
ESTC Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented broad-based positive momentum: accelerated revenue growth, strong contract backlog (CRPO/RPO), expanding high-value customer cohort, rising AI adoption among large customers, product innovations (vector search, columnar mode, PromQL support) and strategic wins including public-sector migrations and acquisitions. Management raised full-year guidance and expects continued margin expansion and positive GAAP operating results. Headwinds are modest and largely one-time (restructuring charges) or expected lags (trailing NER, cloud consumption variability).View all ESTC earnings summariesESTC Stock 12 Month Forecast
Average Price Target
$108.33
▲(36.70% Upside)
Technical Analysis
Ownership Overview
7.93% Insiders
16.06% Mutual Funds
16.10% Other Institutional Investors
38.74% Public Companies and
Individual Investors